Lagos State Governor, Babajide Olusola Sanwo-Olu, has stated that his administration is opening up new corridors, investing heavily in infrastructure, and making it easier and clearer for serious investors to do business.
The Governor made this statement on Monday at the Welcome/ Investors round table dinner in honour of distinguished VVIP Guests attending the 6th Lagos Real Estate Marketplace Conference & exhibitions, held at the Sky Lounge, Eko Hotel and Suites, Victoria Island, Lagos.
Represented by the Deputy Governor, Dr. Kadri Obafemi Hamzat, said his government is committed to continuing to improve land administration, speeding up approvals, and ensuring a stable and predictable environment where investments can thrive.
In his words, “At the national level, President Bola Ahmed Tinubu’s Renewed Hope Agenda places strong emphasis on housing delivery, urban renewal, and private-sector-led growth. What we are doing in Lagos aligns fully with that direction. We are opening up new corridors, investing heavily in infrastructure, and making it easier and clearer for serious investors to do business.”
Acknowledging Lagos as a city that is constantly growing and evolving, Sanwo-Olu said for the state government, real estate is not just about buildings; it is about people, communities, and economic opportunity, adding that the demand for housing is real, the energy is real, and the opportunities are real.
Speaking on the event, the Governor noted that the conference is not just about discussions, but about relationships and collaboration, adding that Lagos is open to working with partners who believe in the long-term future of Lagos.
In her welcome address, Special Adviser to the Governor on Housing, Barr. Barakat Odunuga-Bakare called on investors to take advantage of Lagos State’s real estate opportunities, describing Lagos as the best destination for real estate investment in Africa.
She noted that Lagos State offers a stable investment climate, robust infrastructure, and a rapidly growing population that continues to drive demand for quality housing, assuring investors of strong returns and long-term value on real estate investments in the State.
In his goodwill message, the Executive Secretary, Lagos State Office of Diaspora Affairs, Mr. Jermaine Sanwo-Olu, stated that the Lagos State Government is working on diaspora-friendly real estate projects, which the investors within the ecosystem of Lagos will benefit from.
“Diasporas are celebrated in Lagos. They are working in all sectors of our system, but when it comes to real estate, the diasporas are not just a catalyst for development; they are contact partners for development in our state, and that is why, for us as a government, we are working on diaspora-friendly real estate projects, on that benefit both our investors.” He said.
Also, in her goodwill message, the Group Head, Financial Institutions, Access Bank Plc, Ms. Omolade Osibo, stated that the bank is ready and willing to partner with the Lagos State Government on real estate development, adding that Access Bank is supporting the delivery of 100,000 affordable housing units across the country.
Osibo explained that the initiative aligns with Access Bank’s commitment to supporting sustainable urban development, expanding access to home ownership, and leveraging public–private partnerships to bridge Nigeria’s housing deficit, particularly in fast-growing cities like Lagos.
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